
doi: 10.2307/3145694
The author develops a likelihood test to see if conditional logit in aggregate energy-choice models is appropriate for predicting the probability that alternative residential fuels will be purchased. Among the array of probability models available, the conditional logit model is the least valid because it is rejected by the data. Generalized logit models are more useful because they consider price, availability, and other factors. 27 references, 1 table.
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